Cherry Valley, IL · Houses & Market Data

Cherry Valley, Illinois houses and real estate market data.

Houses in Cherry Valley, IL (Winnebago County) — Census median home value $222,400, county listing prices down about 4.5% over the past year. Market data for Cherry Valley houses and the broader area.

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Cherry Valley, IL is in Winnebago County, Illinois — this guide covers houses in Cherry Valley and the whole local market: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 3,268, with a median household income of $74,766. Census data puts Cherry Valley houses at a median value of $222,400 (all owner-occupied homes); Winnebago County's current median listing price runs $237,575, down about 4.5% over the past year.

Info from government sites and builders may have provided source info.

Market overview

Cherry Valley housing market

Cherry Valley is in Winnebago County, Illinois. Manifest Census and county price-trend data provide baseline context for houses in Cherry Valley and the surrounding county market.

Median home value (Census ACS)

$222,400

Population (Census ACS)

3,268

Median household income

$74,766

County price trend (2025)

7.59% YoY

Population, income, and median home value from the project batch manifest (Census ACS 2023 5-year). County price trend from FHFA county HPI when present in the manifest row.

At a glance

Cherry Valley market snapshot

Population

3,268

County

Winnebago County

Median Household Income

$74,766

Median Home Value (city)

$222,400

Median Listing Price (Winnebago County)

$237,575

Median Gross Rent

$871/mo

Price Trend (YoY)

-4.5%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. See About

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Why Cherry Valley

What makes Cherry Valley different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Cherry Valley's median home value — across all owner-occupied homes, not just recent sales — at $222,400. Separately, Winnebago County's current median listing price (via Realtor.com data, 2026-06-01) runs $237,575. These cover different geography (city vs. county) and different measures (assessed value vs. active listings), which is why we show both rather than picking one — full source list on our data sources page.

County Price Trend

Winnebago County's FHFA house price index shows a 7.59% annual change in 2025.

Population & Income

Cherry Valley has an estimated population of 3,268 and a median household income of $74,766, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Cherry Valley's Census-reported median home value works out to about 3.0x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

Nearby

Places around Cherry Valley

County guide: Winnebago County — cities, market context, and local resources for the county that includes Cherry Valley.

USAHouses.com also helps visitors looking in nearby Winnebago County and other Illinois communities. Some locations may not yet have dedicated pages, but many licensed professionals in this region assist surrounding communities.

Nearby communities include Belvidere, Loves Park, Argyle, Timberlane, Candlewick Lake, Caledonia, Poplar Grove, Garden Prairie, Capron.

More Illinois cities with market guides: Aurora, Joliet, Naperville, Elgin, Springfield, Peoria, Waukegan, Champaign.

Adjacent-county Census places with USAHouses.com pages: Rockford (~4.8 mi), New Milford (~5.8 mi), Monroe Center (~9.4 mi), Machesney Park (~9.5 mi), Davis Junction (~10.2 mi), Kirkland (~11.9 mi), Roscoe (~13.3 mi), Holcomb (~13.3 mi), Winnebago (~13.4 mi), Stillman Valley (~13.8 mi), Kingston (~14.3 mi), Rockton (~15.3 mi), Byron (~16.9 mi), Westlake Village (~17.0 mi), Kings (~17.4 mi), South Beloit (~17.5 mi).

New construction: New homes near Cherry Valley (Chicago) · Illinois new construction.

Census & home facts

Cherry Valley data from published sources

Population (ACS 2023)

3,268

Median home value (ACS 2023)

$222,400

Median household income (ACS 2023)

$74,766

Median gross rent (ACS 2023)

$871

County FHFA annual change (2025)

7.62%

County median listing price (FRED/Realtor.com) (2026-06-01)

$237,575

Census place type

village

County

Boone County

Land area (Census Gazetteer 2024)

8.40 sq mi

Census GEOID

1713074

Census ACS, FHFA, and FRED figures are labeled with the year present in existing CSVs. Subject to change / confirm locally.

Local life

Life in Cherry Valley

Schools

Rockford SD 205 — 45 schools, 27,442 students enrolled, per the U.S. Department of Education's Common Core of Data. Winnebago addresses may be served by Rockford SD 205, but attendance zones vary by street — confirm assigned schools with the district before making a move.

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Common questions

Cherry Valley FAQ

What are houses worth in Cherry Valley, IL?

The Census Bureau's American Community Survey puts the median value of houses in Cherry Valley at $222,400. Winnebago County's current median listing price runs $237,575, down about 4.5% over the past year.

How much do houses cost in Cherry Valley, IL?

For owner-occupied houses in Cherry Valley, Census ACS data shows a median value of $222,400. Active listing prices in Winnebago County may differ — see the market snapshot above.

What types of houses are in Cherry Valley, IL?

Cherry Valley houses include resale single-family homes, condos, mobile homes, and small multi-unit buildings, plus new construction in surrounding Winnebago County communities where builders are active. The housing-stock section below uses Census ACS structure counts when available for this city.

What is the population of Cherry Valley, IL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Cherry Valley's population at approximately 3,268.

What's the median rent in Cherry Valley, IL?

The Census ACS estimates median gross rent in Cherry Valley at approximately $871 per month.

What is the median household income in Cherry Valley, IL?

Census ACS data puts the median household income in Cherry Valley at approximately $74,766.

Is the Cherry Valley housing market growing?

Winnebago County's FHFA house price index shows a 7.59% annual change in 2025.

Is Cherry Valley, IL affordable relative to income?

Census ACS data puts Cherry Valley's median home value at about 3.0 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

What school district serves Cherry Valley, IL?

Manifest and public school-directory data suggest Rockford SD 205 for many Cherry Valley addresses, but attendance zones vary by street — verify your assigned schools with the district before making a move.

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